The selloff could have been triggered by strong US economic data and concerns about tariff policies under President-elect Donald Trump.
Altcoins also suffered losses, with Cardano (ADA), Solana (SOL), and Avalanche (AVAX) leading declines.
Bitcoin's dramatic two-day plunge has rattled the
crypto market, erasing nearly all of its early 2025 gains and sparking a fresh
wave of investor anxiety.
Amid fears of rising inflation, surging bond yields,
and potential US tariff policies under the incoming administration, Bitcoin
fell to a low of $92,900 today (Wednesday), leaving traders debating
its next move.
Fed Policy and Tariff Concerns
The selloff began earlier this week as strong US
economic data caused fears that the Federal Reserve might maintain a hawkish
stance longer than anticipated, CNBC reported.
The 10-year US Treasury yield surged, pressuring risk
assets across the board. Bitcoin, which briefly traded above $102,000 on
Monday, plunged nearly 5% in the daily chart. At the time of publication,
the price was $94, 361, down 2% in the past day.
BTCUSD Price Today, Source: CoinMarketCap
Among altcoins, Cardano's ADA, Solana (SOL), and
Avalanche (AVAX) led losses. Cardano (ADA) currently trades at $0.921,
representing an 8% decline in the past day. SOL, DOGE, and AVAX are down 4%,
5%, and 6%, respectively.
Minutes from the Federal Reserve's recent policy
meeting reportedly highlighted rising concerns about inflationary pressures. Additionally,
uncertainty surrounding President-elect Donald Trump's potential tariff
policies has reportedly added to market jitters.
These factors have traders reevaluating expectations
for 2025, with rate cuts potentially fewer than previously anticipated.
Historically, rate cuts have buoyed Bitcoin prices, while rate hikes have had
the opposite effect. Any signs of delayed cuts could hinder Bitcoin's
upward trajectory, keeping traders on edge.
Long-Term Prospects
Bitcoin's long-term prospects remain tied to broader
adoption, regulatory clarity, and technological innovation. With 2024 marking
significant milestones such as spot ETF approvals and institutional adoption,
investors remain cautiously optimistic about Bitcoin's role in portfolios.
Technically, BTC is facing a downward price momentum.
The cryptocurrency could find support at $91,829. Currently, it trades below the 50-moving average but remains above the 200-moving average.
Bitcoin's Technical Outlook, Source: TradingView
On the daily price chart, the Relative Strength Index is at 44, meaning the price is above the oversold zone and could drop further before the trend changes.
For now, market participants will watch for upcoming
economic data and Trump's inauguration for cues. While uncertainty looms,
Bitcoin's resilience in past downturns offers a glimmer of hope for traders
seeking a rebound.
Bitcoin's dramatic two-day plunge has rattled the
crypto market, erasing nearly all of its early 2025 gains and sparking a fresh
wave of investor anxiety.
Amid fears of rising inflation, surging bond yields,
and potential US tariff policies under the incoming administration, Bitcoin
fell to a low of $92,900 today (Wednesday), leaving traders debating
its next move.
Fed Policy and Tariff Concerns
The selloff began earlier this week as strong US
economic data caused fears that the Federal Reserve might maintain a hawkish
stance longer than anticipated, CNBC reported.
The 10-year US Treasury yield surged, pressuring risk
assets across the board. Bitcoin, which briefly traded above $102,000 on
Monday, plunged nearly 5% in the daily chart. At the time of publication,
the price was $94, 361, down 2% in the past day.
BTCUSD Price Today, Source: CoinMarketCap
Among altcoins, Cardano's ADA, Solana (SOL), and
Avalanche (AVAX) led losses. Cardano (ADA) currently trades at $0.921,
representing an 8% decline in the past day. SOL, DOGE, and AVAX are down 4%,
5%, and 6%, respectively.
Minutes from the Federal Reserve's recent policy
meeting reportedly highlighted rising concerns about inflationary pressures. Additionally,
uncertainty surrounding President-elect Donald Trump's potential tariff
policies has reportedly added to market jitters.
These factors have traders reevaluating expectations
for 2025, with rate cuts potentially fewer than previously anticipated.
Historically, rate cuts have buoyed Bitcoin prices, while rate hikes have had
the opposite effect. Any signs of delayed cuts could hinder Bitcoin's
upward trajectory, keeping traders on edge.
Long-Term Prospects
Bitcoin's long-term prospects remain tied to broader
adoption, regulatory clarity, and technological innovation. With 2024 marking
significant milestones such as spot ETF approvals and institutional adoption,
investors remain cautiously optimistic about Bitcoin's role in portfolios.
Technically, BTC is facing a downward price momentum.
The cryptocurrency could find support at $91,829. Currently, it trades below the 50-moving average but remains above the 200-moving average.
Bitcoin's Technical Outlook, Source: TradingView
On the daily price chart, the Relative Strength Index is at 44, meaning the price is above the oversold zone and could drop further before the trend changes.
For now, market participants will watch for upcoming
economic data and Trump's inauguration for cues. While uncertainty looms,
Bitcoin's resilience in past downturns offers a glimmer of hope for traders
seeking a rebound.
CFTC Drops Prediction Markets Ban Proposal, Aligns With SEC on Crypto Oversight
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights